Julie Cho
Midterm rental for positive cash flow in Vancouver area?
I am going to take possession of a pre-sale condo in Burnaby, BC in August. It is one bed, one bath, "luxury", around 600sq ft. Purchase price was $380K, similar units are now selling at $650K so I have built up some ...
Account Closed
How Should I Depreciate a Sewer Line on my Taxes?
I had a sewer line collapse in my duplex last fall - the old clay pipe collapsed, causing black water leakage into my basement and I called in Roto Rooter for an emergency containment and restoration since I had tenan...
Alexandria Harden
Interest calculations on hard money ?
I am looking into getting a hard money loan for the first time and was wondering how to calculate the interest to make sure the deal is still a good deal after there interest. Rough numbers are it’s a 2 building 10 un...
Markeilsha R.
Negotiating the forgiveness of a 2nd mortgage (non foreclosure)
Hello,I'm working a sub2 deal in PA where the owners are eager to move and willing to sell the property for what they owe. The property is in excellent condition (only 9yrs old), they just would like to get it off th...
Mary McGinty
Phoenix duplex added to my real estate portfolio
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $620,000
Cash invested: $145,000
New construction duplex build in 2022. Each unit is a 2 bed, 1 bath with...
Michael Bell
Interesting dilemma
So I have an interesting dilemma. My wife and I are currently in escrow on a 3/2 SFH in Central Florida. This home has a garage that has been converted into a mother-in-law suite with its own kitchen, bathroom, and...
Account Closed
What are some rule(s) of thumbs for evaluating Multifamily props?
I'm new to real estate investing. I'm starting to get my mind around evaluating deals, learning the rules of thumbs expectations, etc.What are some rules of thumbs you all go by when evaluating a multi-property deal?W...
Bo A Vanecko
STR approached for a seasonal rental strategy worth considering?
Before I have even listed my property in a vacation / ski town, I have been asked if I would consider a "seasonal" rental on the unit. I honestly don't have any real details yet but wondered what people's thoughts we...
Mike M.
Solera and Rocket Dollar end of partnership
Anyone else dealing with the Solera and Rocket Dollar split? They are at each other's throats and making negative claims against each other. Customers are caught in the middle and it's a difficult place to be. Cust...
Jason Mayers
Refinance cash out
I’m using the brrrr strategy do I need 6 months in reserves to refinance I used hard money to purchase & rehab